Our Lady of Grace Monastery Foundation
Charitable organization · Monastery, Nova Scotia · BN 818163891RR0001 · Support of Religion · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($174,127) as filed with the CRA.
Our Lady of Grace Monastery Foundation is a charitable organization based in Monastery, Nova Scotia, classified by the CRA under support of religion. In its fiscal year ending December 31, 2024, it reported $101K in revenue and $174K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 73% from donations. In 2024, 4 other registered charities reported granting it a combined $397.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 57% of peers.
Revenue has declined over its filings on record here, from $314K in 2020 to $101K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Maintenance of the historic our lady of grace monastery as a place of worship. Offering spiritual guidance prayers and counselling to those in need to advance in faith. Offering charity to those in spiritual and material need for relief of poverty and despair in the community as a whole. Support in the advancement of religion for the benefit of the community.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $101K | $174K | $161K | — | — | $72K |
| 2023 | $63K | $157K | $140K | — | — | $145K |
| 2022 | $171K | $230K | — | — | — | $240K |
| 2021 | $386K | $383K | $278K | $644 | — | $298K |
| 2020 | $314K | $244K | $170K | $659 | — | $294K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $397 from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Wayne Kirkpatrick (president); Daniel Fougere (treasurer); Jennifer Hatt (secretary); Oehman Russell (vice-president); Jude Rankin (director); Louise Campbell (director); Neil Stewart (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Our Lady of Grace Monastery Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 818163891RR0001), or read how we compute the receipt.